Crisil

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Last Updated: Just Now

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Banking, Fintech & Insurance 14 Oct 2026, 10:57 PM IST

PNB Housing Sees 5-8 bps NIM Lift From RBI Rate Hike, CEO Ajai Shukla Says

PNB Housing Finance expects a modest 5-8 basis point improvement in net interest margin following the Reserve Bank of India’s recent rate hike, according to CEO Ajai Shukla. The company said the move should also support cheaper loans for customers, while housing finance demand remains healthy and Crisil has upgraded the lender to AAA/Stable.

By RDU Global Wire5 min read

Banking, Fintech & Insurance04 Oct 2026, 09:38 PM IST

Government Rules Out UPI Fee Rollback as 0.4% MDR Stays on Large Merchant Payments

The government will proceed with a 0.4% merchant discount rate on UPI payments above Rs 2,000, effective October 15, while keeping person-to-person transfers and small-value transactions free. The move is aimed at preserving the financial sustainability of the UPI ecosystem, but it has drawn criticism from opposition parties and is likely to reignite debate over the cost of digital payments for businesses.

4 min readRead →

National Governance & PolicyJust now (07:11 PM IST)

Woman Killed, 12 Injured After Lorry Hits Autorickshaw Near Khammam

A woman was killed and 12 others were injured when a lorry struck an autorickshaw near Khammam in Telangana, in a crash that has once again underscored the lethal risks on India’s rural and semi-urban roads. The victims were rushed for medical care as police began an investigation into the circumstances of the collision and the driver’s role.

5 min readRead →

India Entertainment & CultureJust now (02:05 AM IST)

T.M. Krishna Turns Mysuru’s 8th Cross Into a Live Laboratory of Listening

At the 65-year-old Ganapathi Music Festival in Mysuru, vocalist T.M. Krishna used his concert to probe a larger question: how do space, repertoire and audience attention reshape the meaning of a performance? Rather than treating the stage as fixed, he turned the venue into an experiment in sound, placement and listening. The result was a concert that doubled as a critique of convention and a study in how Carnatic music can be reimagined without losing its core discipline.

5 min readRead →

Macro Economy & Fiscal PolicyJust now (01:35 AM IST)

High Battery Prices May Delay Commissioning of 12 GWh BESS Capacity, Crisil Says

Nearly 21% of India’s under-construction battery energy storage system capacity, or about 12 GWh, faces weak return potential because of elevated battery prices, according to Crisil Ratings. The pressure could push back commissioning timelines for some projects even as storage remains central to grid reliability and renewable integration.

4 min readRead →

Banking, Fintech & Insurance14 Oct 2026, 07:38 PM IST

PNB Housing Sees 5-8 bps NIM Lift From RBI Rate Hike, CEO Ajai Shukla Says

PNB Housing Finance expects a modest 5-8 basis point improvement in net interest margin after the Reserve Bank’s recent rate hike, according to Chief Executive Ajai Shukla. The lender said the move should also support cheaper loans for customers, while housing finance demand remains firm and its credit profile has been strengthened by a Crisil upgrade to AAA/Stable.

4 min readRead →

Banking, Fintech & Insurance13 Oct 2026, 06:48 AM IST

PNB Housing Sees 5-8 bps NIM Lift From RBI Rate Hike, CEO Ajai Shukla Says

PNB Housing Finance expects a modest 5 to 8 basis point improvement in net interest margin after the Reserve Bank’s recent rate hike, according to Chief Executive Ajai Shukla. The company said the move should also support cheaper loans for customers, while housing finance demand remains healthy and Crisil has upgraded the lender to AAA/Stable.

4 min readRead →

Banking, Fintech & Insurance11 Oct 2026, 01:40 PM IST

PNB Housing Sees 5-8 bps NIM Lift After RBI Rate Hike, CEO Says

PNB Housing Finance expects a modest 5-8 basis point improvement in net interest margin following the Reserve Bank of India’s recent rate hike, according to Chief Executive Ajai Shukla. The company said the move should also support cheaper loans for customers, while housing finance demand remains firm and Crisil has upgraded the lender to AAA/Stable.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside Crisil:

Reserve Bank of India(4)PNB Housing Finance(4)New Delhi(4)Ajai Shukla(4)India(2)UPI(1)